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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,725 | $96,508-91.0% | $75,901-88.5% | $152,897-94.3% |
| Participation rate | 33.3% | 76.2%-42.9pp | 69.3%-35.9pp | 82.5%-49.1pp |
| Annual return | 21.14% | 33.99%-12.8pp | 30.76%-9.6pp | 345.43%-324.3pp |
| Employer contribution / active EE | $0 | $3,310-100.0% | $2,501-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $1,098 | $4,554-75.9% | $3,603-69.5% | $5,851-81.2% |
| Admin fee / account holder | $81 | $8,081-99.0% | $5,420-98.5% | $11,599-99.3% |